Saturday, February 16, 2008

Charts Of Interest



Above is a weekly chart of bonds vs stocks. Since July, bonds have been a better investment than stocks.




Prior to January 2008, GOOG has been in a beautiful uptrend. As you can see GOOG has been hit hard over the last two months and is now posting its 3rd weekly close below this very significant trendline. Has the uptrend been broken?



The Japanese Yen has been trading within this picture perfect rising channel since July 2007.



Above is a chart of gasoline, heating oil and crude oil. Gasoline is the strongest of the group making new highs for the year while crude oil and heating oil have yet to make a new high.

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